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1 posted on 10/19/2009 11:30:02 AM PDT by Ernest_at_the_Beach
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To: Ernest_at_the_Beach

Lois Einhorn? Ray Finkle?


2 posted on 10/19/2009 11:30:46 AM PDT by goodwithagun (My gun has killed fewer people than Ted Kennedy's car.)
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To: Ernest_at_the_Beach

“...betting on the possibility of a major currency collapse and a surge in interest rates,...”

maybe he believes his timing will be better than those managing the Harvard Trust that just lost half a BILLION $$.


4 posted on 10/19/2009 11:34:38 AM PDT by G Larry ( Obamacare=Dying in Line!)
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To: Ernest_at_the_Beach

Thanks for the post.Einhorn is worth following


5 posted on 10/19/2009 11:35:19 AM PDT by gipper81
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To: Ernest_at_the_Beach

What’s sad is that when this whole thing goes south, guys like Einhorn, who were sounding the warning, will be blamed for profiting from what they predicted would occur.

Especially if the same party is in charge...


6 posted on 10/19/2009 11:36:24 AM PDT by chrisser (Tweet not, lest ye a twit be.)
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To: All; Grampa Dave; SierraWasp
From the article:

****************************************EXCERPT*************************************

Unlike Japan, the U.S. isn't past the point of no return,

the fund manager stressed. However, he criticized financial-reform proposals pushed by Treasury Secretary Timothy Geithner, arguing they provide a government backstop for the largest institutions, entrenching them further.

No institution should be too big to fail, Einhorn explained.

7 posted on 10/19/2009 11:36:41 AM PDT by Ernest_at_the_Beach (Support Geert Wilders)
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To: Ernest_at_the_Beach

a cheery little piece. Thanks!

I’m going long in shorts futures..


8 posted on 10/19/2009 11:40:51 AM PDT by NormsRevenge (Semper Fi ... Godspeed .. Monthly Donor Onboard)
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To: Ernest_at_the_Beach
The options, bought from major banks, are tied to interest rates

And when the major banks collapse, how do you cash in your options?

9 posted on 10/19/2009 11:40:59 AM PDT by oldbrowser (The audacity of incompetence)
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To: Ernest_at_the_Beach

This could mean the Free Trader Globalists will push their one-world currency on us a little sooner that we thought


16 posted on 10/19/2009 12:02:08 PM PDT by UCFRoadWarrior (The Return of America)
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To: Ernest_at_the_Beach

Related article

The dollar collapse scenario that concerns Einhorn is certainly part of a double edged sword. It could happen, just keep in mind that at this point it has to come from international panic, since Bernanke hasn’t printed any money since February.

The smart way to play this market is to bet on volatility. Which ever way the pendulum is going to swing it is going to swing dramatically. Obviously if there is a dollar collapse, it will be huge. But a strengthening dollar will also be a major move in the other direction. Bet the volatility.

http://www.economicpolicyjournal.com/2009/10/einhorn-currency-death-spiral-ahead.html


20 posted on 10/19/2009 12:19:14 PM PDT by FromLori (FromLori)
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